Salesforce Inc (CRM): Among Billionaire Andreas Halvorsen’s Stock Picks With Huge Upside Potential

Insider Monkey
13 hours ago

We recently published a list of Billionaire Andreas Halvorsen’s 10 Stock Picks With Huge Upside Potential. In this article, we are going to take a look at where Salesforce Inc (NYSE:CRM) stands against other billionaire Andreas Halvorsen’s stock picks with huge upside potential.

Ole Andreas Halvorsen is one of the prominent names among former employees of Julian Robertson’s Tiger Management. Robertson put together a formidable team of young traders – called the Tiger Cubs – in the 1990s, and most founded their own hedge funds after exit. Some other noteworthy names include Robert Citrone, Chase Coleman, and John Griffin. Halvorsen is the wealthiest Tiger Cub. Forbes Magazine ranks him at position 382 in the Richest People in the World in 2025 list with an $8 billion net worth.

The Norwegian billionaire founded Viking Global Investors LP in 1999 with former Tiger Management employees Brian Olson and David Ott. Halvorsen was an equity trader at Tiger Management, and the strategies and principles he used there form a core foundation of Viking Global’s approach. The fund conducts extensive due diligence on individual companies to identify undervalued (long) or overvalued (short) stocks. In short, Halvorsen generates much of his returns using the classic long/short equity strategy.

READ ALSO: Billionaire Steve Cohen’s 10 Large-Cap Stock Picks With Huge Upside Potential and Billionaire Prem Watsa’s 10 Stock Picks With Highest Potential.

But most importantly, Halvorsen is popular for his bold bets. And on many occasions, these bets have returned massive gains. For instance, in the first full year of Viking Global’s existence, the fund returned 89% after fees. More recently, in Q4 2024, the billionaire made three banks his top holdings. As of April 2025, the banking sector (within Halvorsen’s portfolio) is performing well and is the only sector that is up year-to-date.

If anything, Halvorsen’s approach teaches that playing the long game might be a great strategy for favorable gains. Many of the stocks in Viking Global’s portfolio have been there for many years, often bought when they weren’t so popular. In that light, it is prudent to examine what stocks the billionaire is invested in, especially those with considerable upside potential.

Our Methodology

We reviewed Viking Global’s Q4 2024 SEC 13F filings to compile this list. Out of the 86 holdings, we focused only on shares in companies and excluded interests in ETFs and options. From the result, we selected the top 10 stocks with the highest upside potential (as of April 28). Additionally, we have mentioned the hedge fund sentiment around each stock as of Q4 2024.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

A customer service team in an office setting using the company's Customer 360 platform to communicate with customers.

Salesforce, Inc. (NYSE:CRM)

Upside Potential as of April 28: 35.28%

Viking Global’s Stake Value: $405,034,777

Number of Hedge Fund Holders: 162

Salesforce Inc (NYSE:CRM) is a technology company that provides cloud computing and customer relationship management (CRM) services. Its products include software solutions for sales, customer service, marketing, commerce, and analytics. The company operates globally and serves businesses of all sizes across industries like retail, healthcare, and finance.

Salesforce Inc (NYSE:CRM) delivered solid results in Q4 2025, with revenue reaching $10.0 billion, up 8% year-over-year and 9% in constant currency. For the full fiscal year 2025, Salesforce (NYSE:CRM) reported revenue of $37.9 billion, up 9% both year-over-year and in constant currency. The firm achieved strong cash flow generation with operating cash flow of $13.1 billion, up 28% year-over-year, and free cash flow of $12.4 billion, up 31% year-over-year.

Salesforce Inc’s (NYSE:CRM) AI initiatives are showing strong momentum. Since October 2024, the company closed 5,000 Agentforce deals, including more than 3,000 paid ones. As a result, its Data Cloud and AI annual recurring revenue reached $900 million, growing 120% year-over-year. Nearly half of the Fortune 100 companies are both AI and Data Cloud customers, with all of the top 10 wins in Q4, including Data and AI components. On April 21, 2025, Guggenheim Securities upgraded Salesforce (NYSE:CRM) stock from Sell to Neutral. The research firm acknowledged that the stock’s recent decline has brought it in line with what they believe to be the company’s prospects.

Overall, CRM ranks 9th on our list of billionaire Andreas Halvorsen’s stock picks with huge upside potential. While we acknowledge the potential of CRM as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than CRM but that trades at less than 5 times its earnings check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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